{"id":7540,"date":"2020-03-02T16:24:00","date_gmt":"2020-03-02T21:24:00","guid":{"rendered":"http:\/\/resources.evans-legal.com\/?p=7540"},"modified":"2020-03-03T16:26:55","modified_gmt":"2020-03-03T21:26:55","slug":"webcalculators-secure-act-update","status":"publish","type":"post","link":"https:\/\/resources.evans-legal.com\/?p=7540","title":{"rendered":"Webcalculators SECURE Act Update"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Required Minimum Distribution <a href=\"http:\/\/wcalcs.com\">Webcalculator<\/a> has been updated to incorporate the changes made by the SECURE Act (Division O of P.L. 116-94).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Specifically:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The required beginning age for lifetime distributions has been changed from 70-1\/2 to 72 for persons who were not 70-1\/2 before 2020.<\/li><li> For post-death distributions, the types of designated beneficiaries that can be selected now include &#8220;Minor child,&#8221; &#8220;Eligible&#8221; (meaning an eligible designated beneficiary other than a minor child), and &#8220;Other&#8221; (meaning a designated beneficiary other than an eligible designated beneficiary).<ul><li>Distribution projections for &#8220;Minor child&#8221; are based on the child&#8217;s remaining life expectancy until age 21 (the assumed age of majority), with no additional required distributions until 10 years later, when the entire account must be distributed.<\/li><li>Distributions to &#8220;Eligible&#8221; beneficiaries are based on the beneficiary&#8217;s remaining life expectancy.<\/li><li>Distributions to &#8220;Other&#8221; designated beneficiaries must be completed within 10 years.<\/li><\/ul><\/li><li>The Overview and Details files have been updated to explain these changes.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">For a more complete analysis of minimum required distributions, see &#8220;<a href=\"http:\/\/resources.evans-legal.com\/?p=7444\">New (and Old) Minimum Required Distribution Rules Summarized<\/a>.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Required Minimum Distribution Webcalculator has been updated to incorporate the changes made by the SECURE Act (Division O of P.L. 116-94). Specifically: The required beginning age for lifetime distributions has been changed from 70-1\/2 to 72 for persons who &hellip; <a class=\"more-link\" href=\"https:\/\/resources.evans-legal.com\/?p=7540\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[29],"tags":[722],"class_list":["post-7540","post","type-post","status-publish","format-standard","hentry","category-news-items","tag-required-minimum-distributions","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/7540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7540"}],"version-history":[{"count":3,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/7540\/revisions"}],"predecessor-version":[{"id":7543,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=\/wp\/v2\/posts\/7540\/revisions\/7543"}],"wp:attachment":[{"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/resources.evans-legal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}